クルーグマンが、DACA打ち切りは日本化への近道だ、と警告を発している。 Meanwhile, I’m one of those who worries about secular stagnation — persistently weak spending, making episodes in which monetary policy can’t achieve full employment even with zero interest rates much more likely. Several factors contribute to this risk, but probably the most important is demography: a sharp slowdown in the growth of the working-age population,